The African Development Bank has suggested a plan to South Africa that will help the nation use the $8.5 billion in climate financing pledged by some of the world’s richest …
AFDB
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AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsSouth AfricaSouthern Africa
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness
AfDB receives $5 million grant to tackle methane emissions
The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessEconomyNewsSouth AfricaSouthern Africa
AFDB appoints Nomfundo Xenia Ngwenya as the new executive director for South Africa, Eswatini, and Lesotho.
The African Development Bank(AFDB) has named five women including South Africa’s Nomfundo Xenia Ngwenya as executive directors for a three-year term. In total, 12 executive directors were appointed, according to …
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Banking, Finance & InvestmentEconomyMorocco
Malika Dhif has been Appointed by AFDB as the New Executive Director for Morocco, Togo and Tunisia
Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …
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AfricaGlobal NewsINVESTMENTNewsWestern Africa
Japan, AfDB announce $5B financing for Africa’s private sector
The government of Japan and the African Development Bank (AFDB) have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative …
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AfricaAgricultureBusinessFood ProductionNewsNigeriaWestern Africa
AFDB grants Nigeria a $134 million loan for wheat production
The federal government of Nigeria has announced that it received a $134 million loan from the Africa Development Bank (AFDB) to boost wheat production. The Minister of Agriculture and Rural Development, Muhammad …
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AfricaBanking, Finance & InvestmentBusinessEastern AfricaNigeriaSouth AfricaSouthern AfricaWestern Africa
AFDB announces 16 job openings
African Development Bank (AfDB) has announced 16 job openings in the oraganisation for qualified individuals. The pan-African bank said applicants must be a national of one of its member countries, including …
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The African Continental Free Trade Area (AfCFTA) Secretariat has secured $11.24 million grant from the African Development Bank to accelerate African intra-trade. The AfCFTA Secretariat, currently in phase II of …
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AfricaAgricultureBanking, Finance & InvestmentEconomyFood ProductionNigeriaWestern Africa
AfDB approves $134 million loan to Nigeria for food production
The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
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The global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) long-term credit rating: AAA with a Stable Outlook. The ‘AAA’ rating is given to institutions with …